Crypto hedge fund collapses after defaulting on $674m loan
Three Arrows Capital's downfall is one of the biggest corporate collapses amid a 'crypto winter'
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Three Arrows Capital's downfall is one of the biggest corporate collapses amid a 'crypto winter'
Voyager Digital LLC just issued a notice of default to Three Arrows Capital (3AC) after the latter failed to make the required payments on a loan of 15,250 bitcoins (BTC) and $350 million of USD [...]
Voyager Digital Ltd announced on June 27, it has filed a notice of default to Three Arrows Capital since it failed to make the due payments.
Prominent crypto hedge fund Three Arrows Capital has defaulted on a loan for more than $670 million.
Cryptocurrency prices drop again after a Three Arrows Capital payment default.